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Real estate in Memphis’ Parkway Village neighborhood.

Compare top Parkway Village real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for August 2026.*


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Parkway Village real estate Market Report.

Information and statistics on the latest trends in the Parkway Village real estate market. *

Latest Rolling 3-Month Snapshot

May 1, 2026 - Jul 31, 2026

Median sale price
$130K
-12% from Q2 '26
Median list price
$130K
-7.3% from Q2 '26
Active listings
218
+6.3% from Q2 '26
Homes sold
57
-21% from Q2 '26
New pendings
88
+19% from Q2 '26
New listings
125
+17% from Q2 '26

Quarterly Pricing Trends for Parkway Village

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Parkway Village Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $113K Median sale price in Oct 2021 - Dec 2021: $118K Median sale price in Jan 2022 - Mar 2022: $125K Median sale price in Apr 2022 - Jun 2022: $133K Median sale price in Jul 2022 - Sep 2022: $125K Median sale price in Oct 2022 - Dec 2022: $131K Median sale price in Jan 2023 - Mar 2023: $128K Median sale price in Apr 2023 - Jun 2023: $126K Median sale price in Jul 2023 - Sep 2023: $120K Median sale price in Oct 2023 - Dec 2023: $115K Median sale price in Jan 2024 - Mar 2024: $130K Median sale price in Apr 2024 - Jun 2024: $130K Median sale price in Jul 2024 - Sep 2024: $142K Median sale price in Oct 2024 - Dec 2024: $130K Median sale price in Jan 2025 - Mar 2025: $120K Median sale price in Apr 2025 - Jun 2025: $150K Median sale price in Jul 2025 - Sep 2025: $140K Median sale price in Oct 2025 - Dec 2025: $135K Median sale price in Jan 2026 - Mar 2026: $131K Median sale price in Apr 2026 - Jun 2026: $148K Median list price in Jul 2021 - Sep 2021: $120K Median list price in Oct 2021 - Dec 2021: $117K Median list price in Jan 2022 - Mar 2022: $125K Median list price in Apr 2022 - Jun 2022: $129K Median list price in Jul 2022 - Sep 2022: $137K Median list price in Oct 2022 - Dec 2022: $140K Median list price in Jan 2023 - Mar 2023: $139K Median list price in Apr 2023 - Jun 2023: $135K Median list price in Jul 2023 - Sep 2023: $118K Median list price in Oct 2023 - Dec 2023: $150K Median list price in Jan 2024 - Mar 2024: $136K Median list price in Apr 2024 - Jun 2024: $145K Median list price in Jul 2024 - Sep 2024: $135K Median list price in Oct 2024 - Dec 2024: $120K Median list price in Jan 2025 - Mar 2025: $139K Median list price in Apr 2025 - Jun 2025: $130K Median list price in Jul 2025 - Sep 2025: $137K Median list price in Oct 2025 - Dec 2025: $144K Median list price in Jan 2026 - Mar 2026: $136K Median list price in Apr 2026 - Jun 2026: $140K Jul 2021 - Sep 2021 Median sale price $113K Median list price $120K Oct 2021 - Dec 2021 Median sale price $118K Median list price $117K Jan 2022 - Mar 2022 Median sale price $125K Median list price $125K Apr 2022 - Jun 2022 Median sale price $133K Median list price $129K Jul 2022 - Sep 2022 Median sale price $125K Median list price $137K Oct 2022 - Dec 2022 Median sale price $131K Median list price $140K Jan 2023 - Mar 2023 Median sale price $128K Median list price $139K Apr 2023 - Jun 2023 Median sale price $126K Median list price $135K Jul 2023 - Sep 2023 Median sale price $120K Median list price $118K Oct 2023 - Dec 2023 Median sale price $115K Median list price $150K Jan 2024 - Mar 2024 Median sale price $130K Median list price $136K Apr 2024 - Jun 2024 Median sale price $130K Median list price $145K Jul 2024 - Sep 2024 Median sale price $142K Median list price $135K Oct 2024 - Dec 2024 Median sale price $130K Median list price $120K Jan 2025 - Mar 2025 Median sale price $120K Median list price $139K Apr 2025 - Jun 2025 Median sale price $150K Median list price $130K Jul 2025 - Sep 2025 Median sale price $140K Median list price $137K Oct 2025 - Dec 2025 Median sale price $135K Median list price $144K Jan 2026 - Mar 2026 Median sale price $131K Median list price $136K Apr 2026 - Jun 2026 Median sale price $148K Median list price $140K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
25
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (May 2026 - Jul 2026).

Home values in Parkway Village have taken a noticeable step down in the latest rolling three-month view, with the typical home value about 13% lower than a year ago and the median list price roughly flat year over year. Compared with the broader Memphis market, where prices are edging up, Parkway Village is offering relatively more budget-friendly options for buyers. This softer pricing is paired with a median price per square foot just over $95, underlining the area’s affordability.

Inventory and supply have shifted significantly over the past year. Active listings are up around 8% year over year, and months of supply has climbed to 6.7 months, more than triple last year’s level and higher than Memphis overall. Homes are taking longer to sell, with the median days on market jumping sharply compared with a year ago. A larger share of listings staying available longer can give buyers more time and leverage.

Activity levels tell a mixed story. Homes sold are down more than 25% year over year, yet pending sales have inched up, and about a third of listings go off the market within two weeks, suggesting that well-priced homes still move quickly. Only about 15% of recent sales closed above list price, and the average sale-to-list ratio sits just above 96%, signaling that negotiation is common. With these cross-currents in pricing, inventory, and demand, both buyers and sellers in Parkway Village can benefit from Agent Pronto’s help in finding an experienced local real estate agent to guide their next move.



Learn more about what Parkway Village has to offer.

Parkway Village offers residents a welcoming, well‑connected community with tree-lined streets, easy access to parks and schools, convenient shopping, and a friendly, family‑oriented atmosphere.

Parkway Village often suits buyers looking for practical value and everyday convenience. Located in southeast Memphis, it appeals to first time homeowners, investors, and long term residents who want solid square footage, mature streets, and quick access to major routes like I 240 and Bill Morris Parkway for commuting across Memphis.

Housing options range from modest brick ranch homes to larger postwar properties suitable for multi generational living. Many streets attract renters and owner occupants alike, creating opportunities for both investors and buyers planning to stay put. Proximity to the University of Memphis and Christian Brothers University can be a plus for those interested in student or faculty rentals, while families often appreciate access to Memphis-Shelby County Schools.

Daily needs are covered by nearby shopping on American Way and Perkins, with larger options in East Memphis and along Poplar Corridor. Green space is within reach at Audubon Park and Lichterman Nature Center, while dining and entertainment in Midtown and Downtown remain an easy drive.

Because Parkway Village shifts block by block, from quieter owner occupied pockets to streets with heavier rental activity, having a real estate agent who knows the neighborhood level details is crucial. Agent Pronto can connect both buyers and sellers with a local expert who understands pricing, condition, and opportunity on each street in Parkway Village.

Find your Parkway Village real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Katelyn went above and beyond to keep us informed and engaged in the selling process. She provided helpful insight and guidance without ever pushing -- always leaving the decision in our hands. We look forward to working with Katelyn again when our next property is ready to list.”

Michele Hester · Pigeon Forge, TN

Photo of Katelyn Warren
Castle & Associates Real Estate
“This was the third time dealing with David Edwards and I will always work with David should the opportunity arise again! He is honest and professional and I trust him completely!”

Margaret Rice · Erwin, TN

Photo of David Edwards JR
CENTURY 21 Legacy
“Mike was an excellent agent to work with. He went above and beyond to find out all the information on the property details and answers to all questions we had. He was available anytime we needed. We would recommend him to anyone interested in purchasing or selling a home. He is the best!!”

Robin Cloyd · Jonesborough, TN

Photo of Creation Properties
Century 21 Legacy
“Brad Fowler is the way to go when selling your home! He jumped right in and got to work. He had gorgeous professional pictures of our house made and posted within a couple of days. He is well known in the community and has a highly regarded reputation. He is pleasant to work with and listened to our needs. He worked really well with the buyers and their realtor to get everything set and ready to go so both parties were satisfied! Highly recommended”

Jaime Brown · Murfreesboro, TN

Photo of Brad Fowler
Century 21 Wright Realty
“Shawn was wonderful to work with. He was super helpful in getting us in contact with local services to work on our home. I would definitely recommend his business to others.”

Melanie Blackwood · Tullahoma, TN

Photo of Shawn Wright
Century 21 Wright Realty
“Jeremiah was an absolute pleasure to work with! We have never had an agent as informed and quick to respond as he was. We're not unfamiliar with the home buying process, but Jeremiah was still able to explain any questions we had and work with us through difficult and unique circumstances. We absolutely love the house we got, but if we ever consider a different one down the line, Jeremiah will be the first person we reach out to. And I will recommend anyone looking for houses in the area to do the same.”

Brian Domanoski · Fall Branch, TN

Photo of Jeremiah Frank
Epique Realty
“Brooke was amazing!! She truly went above and beyond to help me find a house to call home. I truly could not be more thankful I got to work with her!!!”

Arianna Endicott · Johnson City, TN

Photo of Brooke Shelton
Century 21 Legacy
“Tracey is the best realtor. She makes stressful negotiations a breeze from start to finish. She is professional but adds her personal touch to all communications and transactions to make you feel like family. I have used Tracey for over 10 years in buying and selling several homes. I would never use another realtor in buying or selling my home.”

Candi Johnson · Talbott, TN

Photo of Tracey Bright
RE/MAX Real Estate Ten Midtown
“Misty was an absolute pleasure to work with! She went above and beyond in the entire home buying process. Misty went out of her way to meet with us to view several potential properties on short notice. Her insight and knowledge were critical in informing my decisions. She walked me through the tough negotiations so I could navigate them confidently. Myself and my family are truly thankful for her help in finding our home!”

Justin Volmos · Waverly, TN

Photo of Misty Kinney
Century 21 Platinum Properties
“I contacted Pronto because we needed to sell a deceased relative's home in Tennessee, while we live in Ohio. Agent Pronto put us in touch with two agents, and we chose Amber Vittetoe who was nothing short of fabulous. She provided us with many resources that we wouldn't have known about since we're not local, and she was extremely responsive 24/7. We couldn't have asked for a better agent. Thank you!”

Sue H. · Sevierville, TN

Photo of Amber Vittetoe
MG Rise Realty
“Khristian was extremely helpful in buying my home. I truly felt at home and at ease working with him. He made sure I was aware of everything going on, and took me to every home I wanted to see.”

Dalton Pharris · Mount Juliet, TN

Photo of First Class Real Estate
Keller Williams First Class Real Estate
“Jessica is an amazing Realtor. She truly cares about the people she works with and goes above and beyond to make her clients transition a smooth one. We just loved working with her and will definitely work with her again. She is great for vacation homes too both in the Smokies and Panama City Beach FL. Her knowledge of short term rentals helped us tremendously.”

Burke · Cosby, TN

Photo of Jessica Weston
Realty One Group Emerald Coast
“Mr. Black made it so for us.”

David Bailey · Palmyra, TN

Photo of Christian Black Team
Century 21 Platinum Properties
“Good service nice response time very polite overall very satisfied stay dangerous Betty lol”

Dion Price · Whiteville, TN

Photo of Betty McGaughey
eXp Realty
“She helped us buy our house, then sell it a few years later. Couldn't recommend more! So communicative, answered all my questions at a timely, proffessional manner. I was probably not the easiest client at times because stress, but she was so calm and reassuring through the whole process! Seriously so grateful for how smoothly this sale went, all with the help of Marie!”

Kristen Curtis · Clarksville, TN

Photo of Marie LaVoise
CENTURY 21 Platinum Properties
“Rolanda was absolutely wonderful to work with during the selling process. She was professional, knowledgeable, resourceful, and patient. She ensured that I was represented well and every step of the way. I highly recommend Rolanda to friends, family, or associates.”

Laurie Rowe Walker · Chattanooga, TN

Photo of Rolanda Pullen Daniel
Coldwell Banker Pryor Realty
“Ms. Kimberly Townsend is an awesome realtor! She assisted us in finding our forever home with all our wants. She went over and beyond to make sure all of our needs were met. We truly appreciate her due diligence to property details that buyers would not have notice. She is very knowledgeable and professional. She explained every step of the home buying process in depth. She made this experience enjoyable! Excellent Job, Ms. Townsend.”

Brenda M. · Olive Branch, MS

Photo of Kim Townsend
Century 21 Patterson & Associates
“Miss Candy was very helpful with the sale of the property she knew what she was doing and how to handle all things that needed to be handled. I would recommend her to anyone that needed help with the sell of their property and I will use her again if I need help with selling any property, Thank you so much Miss Candy for helping in the sale of the property.”

Gail Mullican · Smithville, TN

Photo of Candy Vaughn
Keller Williams Realty
“Matthew demonstrated excellent realtor service. From communicating, providing assistance and more, this is tge type of serivice you would look for an a realtor!”

TK · Nashville, TN

Photo of Nashville Advantage
EXP Realty
“Ruby Alexander is excellent at everything she does. She previously helped us purchase our home. Ruby is professional, knowledgeable, honest, hard-working, friendly, intuitive, and resourceful. She goes above and beyond the call of duty. We would not have wanted to take the journey of buying or selling our home with anyone else.”

John W. · Johnson City, TN

Photo of CENTURY 21 Legacy Relocation
CENTURY 21 Legacy

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Parkway Village. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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